• Media type: E-Book
  • Title: Which Beliefs? Behavior-Predictive Beliefs are Inconsistent with Information-Based Beliefs : Evidence from COVID-19
  • Contributor: Heffetz, Ori [VerfasserIn]; Ishai, Guy [VerfasserIn]
  • Corporation: National Bureau of Economic Research
  • imprint: Cambridge, Mass: National Bureau of Economic Research, 2021
  • Published in: NBER working paper series ; no. w29452
  • Extent: 1 Online-Ressource; illustrations (black and white)
  • Language: English
  • DOI: 10.3386/w29452
  • Identifier:
  • Keywords: Coronavirus ; Konsumentenverhalten ; Konsumentenpräferenzen ; Erwartungsbildung ; Verhaltensökonomik ; USA ; Arbeitspapier ; Graue Literatur
  • Reproduction note: Hardcopy version available to institutional subscribers
  • Origination:
  • Footnote: System requirements: Adobe [Acrobat] Reader required for PDF files
    Mode of access: World Wide Web
  • Description: We investigate the relationship between (a) official information on COVID-19 infection and death case counts; (b) beliefs about such case counts, at present and in the future; (c) beliefs about average infection chance--in principle, directly calculable from (b); and (d) self-reported health-protective behavior. We elicit (b), (c), and (d) with a daily online survey in the US from March to August 2020 (N ≈ 13,900)

    We have three main findings: (1) beliefs elicited as infection case counts are closely related to present and future official case-count information; however (2) beliefs elicited as risk perceptions--i.e., the chance to get infected--are inconsistent with those case-count beliefs, even when mathematically, they should be identical; notably, (3) it is the latter--the risk perceptions--that are significantly better predictors of reported behavior than the former

    Together, these findings suggest that researchers and policymakers, who increasingly engage in direct elicitation and communication of numeric measures of uncertainty, may get very different outcomes, depending on which measures they use. We discuss potential implications for public communication of health-risk information
  • Access State: Open Access